Stocks slip, the Vix sinks, yen jumps higher
Overnight Headlines *US stocks rallied for a sixth day just shy of all-time highs *USD dipped further, particularly against commodity currencies *Vix drops again near to year lows *US 10-year…
Read More »Singapore data: Non-oil Domestic Exports (NODX) +1.2% m/m (prior -3.6%)
September NODX +1.2% m/m vs. expected 2.4% & previous of -3.6% For the y/y comes in at 12.3% vs. expected of 9.6% & previous of 2.7% — Last week the…
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Read More »ADP up but it is still the same story after all
A slightly better than expected ADP report has taken some of the bearish edges off of Wall Street futures. But it is still the same story with stagflation risks, multi-year…
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NEWBIES LOSING MONEY DAILY | Forex Orders Explained
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Read More »Oil giant Shell sets sights on sustainable aviation fuel take-off
Original source: https://www.investing.com/news/stock-market-news/oil-giant-shell-sets-sights-on-sustainable-aviation-fuel-takeoff-2620234
Read More »Venezuela’s PDVSA cedes stake in Dominican oil refinery in debt swap
Original source: https://www.investing.com/news/stock-market-news/venezuelas-pdvsa-cedes-stake-in-dominican-oil-refinery-in-debt-swap-2595074
Read More »USOIL turned to 66 giving the CAD a bit of breathing room
Yields continue to dip with the long end leading the way in a bull flattener unwinding the big bear steepener from late last week. The bond market is more focused…
Read More »Here is Rosneft’s head Igor Sechin warning on an ‘acute’ oil shortage (spoiler – its a long term view)
Igor Sechin heads Russian oil major Rosneft, the world’s second-largest oil producing company by output after Saudi Aramco. Speaking over the weekend, said the world was facing an acute oil…
Read More »Is it metals’ year after all?
Precious and industrial metals are in extending mode of their recent or even all-time highs so far in 2021, on the back of commodity super-cycle optimism. Base metal prices have…
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